John Wood Group (LON:WG) Stock Crosses Below 200-Day Moving Average – Here’s Why

John Wood Group PLC (LON:WG) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 75.95 ($0.98) and traded as low as GBX 36.64 ($0.47). John Wood Group shares last traded at GBX 40.90 ($0.53), with a volume of 10,691,384 shares.

John Wood Group Price Performance

The stock has a fifty day moving average of GBX 49.53 and a two-hundred day moving average of GBX 75.95. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 66.97. The stock has a market cap of £330.56 million, a price-to-earnings ratio of -0.32, a price-to-earnings-growth ratio of 0.33 and a beta of 1.36.

Insider Activity

In other John Wood Group news, insider Ken Gilmartin acquired 10,305 shares of the firm’s stock in a transaction on Thursday, January 16th. The stock was purchased at an average price of GBX 65 ($0.84) per share, with a total value of £6,698.25 ($8,669.75). In the last 90 days, insiders have purchased 52,005 shares of company stock worth $2,002,056. 1.81% of the stock is currently owned by corporate insiders.

About John Wood Group

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.